HANGZHOU, China, Oct. 13, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN, hereinafter referred to as the "Company") today elaborated on the progress of its cryptocurrency-denominated private placement transaction. The total consideration for this transaction was settled using 100 Bitcoin.

This capital operation pioneers a new paradigm combining traditional equity financing with digital assets, fully demonstrating market recognition of JZXN’s strategic layout in the cryptocurrency sector. The raised funds will be exclusively allocated to two strategic directions: constructing an intelligent digital asset custody platform, and developing cutting-edge technology-based encrypted storage systems. These initiatives aim to strengthen the Company’s infrastructure service capabilities in the digital economy era.

Since the disclosure of the transaction framework, market response has been positive, with the Company’s stock price showing a steady upward trend and maintaining a sustained premium over its closing price prior to the announcement. This trend not only reflects investor endorsement of the innovative transaction structure but also highlights strong interest from capital markets in emerging digital financial instruments.

"From signing the agreement on October 7th to its current implementation phase, we have consistently prioritized balancing compliance and innovation," stated Tao Li, CEO of JZXN. "These Bitcoin-denominated funds will be primarily invested in R&D for underlying blockchain technologies, particularly in key areas like secure multiparty computation and zero-knowledge proofs, laying the foundation for building next-generation digital financial service platforms."

About JZXN

As a leading domestic provider of new energy infrastructure services, Jiuzi Holdings specializes in developing charging networks across third- and fourth-tier cities. Its high-power DC fast charging stations, integrated with energy storage systems, have achieved significant scaled operational advantages. Concurrently, the Company is advancing its "Smart Energy Cloud Platform" project, planning to enable intelligent interaction between charging facilities and power grid systems via Internet of Things (IoT) technology. Leveraging proceeds from this private placement, it will also initiate R&D testing for cross-border digital payment solutions, further expanding its business horizons. For more information, please visit jzxn.com.

Source link

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
You May Also Like

Laminar Pharma Announces "Last Patient, Last Visit" in LAM561 Phase 2b/3 Trial for Newly Diagnosed Glioblastoma Patients

PALMA DE MALLORCA, Spain, July 24, 2026 /PRNewswire/ — Laminar Pharma, a leader…

Aeroband Hits the Right Note at SXSW: The Best Smart Musical Instrument Brand Inspiring the Future of Music

Unleash the Rhythm of Inspiration at SXSW with Aeroband AUSTIN, Texas, March…

Tech Mahindra Receives Frost & Sullivan's 2025 Asia-Pacific Technology Innovation Leadership Recognition in Business Process Management

Tech Mahindra redefines digital transformation through AI innovation and a customer-centric approach…